Monday’s Rates For Mortgages August 18th : Wells Fargo

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Wells Fargo offers home mortgages. These current rates are based on the following 2 things. 1.) The purchase of a single-family or primary residence and 2.) A 60 day interest rate lock in period. Only 1 rate changed from Friday and it was their 30 year FHA loan. Their rates as of Monday August 18th, 2014 are the following for each specified loan.

For a 30 year fixed conventional loan the rate is 4.250% and it carries a 4.335% APR.

Their 15 year fixed conventional loan has a interest rate of only 3.500% and it carries an 3.647% APR.

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Wells Fargo also carries 30 year Jumbo fixed loans, 5/1 ARM loans, 7/1 ARM loans and 30 year FHA fixed loans. The rates on these are all different.

The 30 year Jumbo fixed has an interest rate of 4.000% and the APR is 4.028%. The 5/1 ARM FHA has an interest rate of 3.250% and carries a 3.968% APR.

The 7/1 ARM has an interest rate of 3.375% and an APR of 3.117%. The last rate is the 30 year FHA loan. It has an interest rate of 4.125% and carries a 5.662% APR.

They also carry loans for 7 year ARM Jumbo loans and their rates are 3.125% with an APR of 2.947%. They offer 7 year ARM loans for larger loan amounts too. Their rates are 3.625% with an APR of 3.193%.

If you would like more information regarding rates from Wells Fargo please visit them here.

Christian

Christian

Christian Calvin mortgage Christian is a contributing writer for Mortgage.info. He is a graduate from the University of Tennessee with a degree in Communications and a concentration in Broadcasting. Christian has served as vice-president for a privately-held company for more than 20 years. Additionally, he has also applied his writing and business knowledge to various websites with a focus on business and sports news . . . both of which are passions. Christian enjoys playing golf and spending time with his family and friends.

Contact: christian@mortgage.info
Christian

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